Sri Lanka, March 20 -- The Committee on Public Finance (COPF) has recommended that the Central Bank of Sri Lanka (CBSL) defer the salary increase until a mutually acceptable solution is reached on the matter.

This was mentioned in the COPF report on the Central Bank Salary Revision 2024-2026 presented to the parliament by the committee's chairman Dr. Harsha de Silva on Wednesday (March 20).

COPF compiled this report on the recent salary increase of the Central Bank staff members upon a request made by President Ranil Wickremesinghe in his capacity as the Finance Minister. The request came about after several MPs raised this issue in the House, joining the general outcry opposing the steep salary increase.

In its recommendations, the CO...